May 7, 2023 | Automotive Repair, Business Appraiser, Business Valuation
The automotive repair industry has served vehicle owners for years. One report predicts that the number of vehicles is increasing and will continue to do so. Vehicle usage will also increase, causing a high demand for vehicle repairs. These circumstances are ideal if...Read More »
May 5, 2023 | Business Appraiser, Business Valuation, Tanning Salon, Value Drivers
The COVID-19 pandemic had an impact on tanning salon businesses. Since the pandemic, the tanning industry is struggling to bounce back. If you are looking to buy, grow, or sell a tanning salon, it is important to understand the value drivers for a tanning salon....Read More »
Apr 29, 2023 | Business Appraiser, Business Valuation, Restaurant
There are many business models that can lead to success in the restaurant industry. As such, the restaurant industry is extremely fragmented and competitive. According to IBIS World, there are over 150,000 single-location restaurants in the United States....Read More »
Apr 27, 2023 | Business Appraiser, Business Valuation, Security Alarm, Value Drivers
The security alarm industry has thrived due to recent technological advancements. These improvements led to more efficient security monitoring which in turn boosted demand. However, the security alarm industry experienced volatility during the 2020 pandemic. The...Read More »
Apr 24, 2023 | Business Appraiser, Business Valuation, Retail Trade
The retail trade industry has experienced healthy growth despite the hardships of COVID. This is due to the ability of retail traders to rely on online sales. This trend continues to benefit the retail trade industry. It also makes this industry immune to economic...Read More »